Posts Tagged ‘IRS’

Get This: The CHEAPEST ObamaCare Plan Will Cost $20,000 A Year Per Family, Says The IRS

February 5, 2013

Conservatives tried to tell you what a demonic pile of incredibly expensive lies ObamaCare would be, but you didn’t believe it.

IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family
January 31, 2013
By Matt Cover

(CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.

Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.

The IRS’s assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.

The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.

“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.

Bronze will be the lowest tier health-insurance plan available under Obamacare–after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.

In the new final rules published Wednesday, IRS set in law the rules for implementing the penalty Americans must pay if they fail to obey Obamacare’s mandate to buy insurance.

To help illustrate these rules, the IRS presented examples of different situations families might find themselves in.

In the examples, the IRS assumes that families of five who are uninsured would need to pay an average of $20,000 per year to purchase a Bronze plan in 2016.

Using the conditions laid out in the regulations, the IRS calculates that a family earning $120,000 per year that did not buy insurance would need to pay a “penalty” (a word the IRS still uses despite the Supreme Court ruling that it is in fact a “tax”) of $2,400 in 2016.

For those wondering how clear the IRS’s clarifications of this new “penalty” rule are, here is one of the actual examples the IRS gives:

“Example 3. Family without minimum essential coverage.

“(i) In 2016, Taxpayers H and J are married and file a joint return. H and J have three children: K, age 21, L, age 15, and M, age 10. No member of the family has minimum essential coverage for any month in 2016. H and J’s household income is $120,000. H and J’s applicable filing threshold is $24,000. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.

“(ii) For each month in 2016, under paragraphs (b)(2)(ii) and (b)(2)(iii) of this section, the applicable dollar amount is $2,780 (($695 x 3 adults) + (($695/2) x 2 children)). Under paragraph (b)(2)(i) of this section, the flat dollar amount is $2,085 (the lesser of $2,780 and $2,085 ($695 x 3)). Under paragraph (b)(3) of this section, the excess income amount is $2,400 (($120,000 – $24,000) x 0.025). Therefore, under paragraph (b)(1) of this section, the monthly penalty amount is $200 (the greater of $173.75 ($2,085/12) or $200 ($2,400/12)).

“(iii) The sum of the monthly penalty amounts is $2,400 ($200 x 12). The sum of the monthly national average bronze plan premiums is $20,000 ($20,000/12 x 12). Therefore, under paragraph (a) of this section, the shared responsibility payment imposed on H and J for 2016 is $2,400 (the lesser of $2,400 or $20,000).”

Is that what you wanted, ye nation of dumbasses?  Because you voted for it.  And then you were beyond-idiot enough to actually vote for it AGAIN.

Obama promised you a bunch of lies that turned out to be complete crap.  He is without question the most dishonest and most cynical demagogue this nation has ever been cursed with.

Now the selfsame liberal labor unions that worked so hard to pimp ObamaCare say they don’t want to have to bear the burden of the burden that they demanded that everybody ELSE bear.

From Anarchist (and I like his forehead-slapping-with-surrendering-disgust Michelangelo avatar):

Posted 31 January 2013 – 04:52 PM
Tip o’ the hat to Nancy “We have to pass the billl to find out what’s in it” Pelosi.

It is a well-known fact that nobody in Congress ever reads, or even skims, any law, and especially not the fine print, it passes until long after it has been enacted into law. It appears the same is just as true for the biggest pillar of support for the Obama administration: America’s labor unions, whose liberal vote every election is instrumental to preserving the outflow side of America’s welfare state. As it turns out, it was the same labor unions who enthusiastically supported the primary accomplishment of the Obama administration in the past 4 years, Obamacare, only to realize, long after it has become reality that, surprise, their healthcare plan costs are about to go up. And, as the WSJ colorfully summarizes, they are now “turning sour.From WSJ:

Union leaders say many of the law’s requirements will drive up the costs for their health-care plans and make unionized workers less competitive. Among other things, the law eliminates the caps on medical benefits and prescription drugs used as cost-containment measures in many health-care plans. It also allows children to stay on their parents’ plans until they turn 26.

So what are the Unions’ demands to offset what they only now realize will push their overall costs higher? What else: Moar!

To offset that, the nation’s largest labor groups want their lower-paid members to be able to get federal insurance subsidies while remaining on their plans. In the law, these subsidies were designed only for low-income workers without employer coverage as a way to help them buy private insurance.
Top officers at the International Brotherhood of Teamsters, the AFL-CIO and other large labor groups plan to keep pressing the Obama administration to expand the federal subsidies to these jointly run plans, warning that unionized employers may otherwise drop coverage.

But, but, they can’t – that’s the whole point, or didn’t they read that part too? Doesn’t matter – to them it is now unfair, nay “unacceptable”:

“We are going back to the administration to say that this is not acceptable,” said Ken Hall, general secretary-treasurer for the Teamsters, which has 1.6 million members and dependents in health-care plans. Other unions involved in the push include the United Food and Commercial Workers International Union and Unite Here, which represents service and other workers.

So now that even the unions have understood that Obamacare is one big tax, maybe it is time to reevaluate its arrival at a time when the already strapped US consumer sees taxes rising, and has their savings extinguished.

After working so hard with their slush funds to push ObamaCare, labor unions became THE number one recipients of ObamaCare waivers as these collectivists collectively said, “Someone ELSE should pay for this, not us.”

Kind of makes you want to grab a giant, stinking ObamaCare turd and then grab every union thug one at a time and just shove it right down his pig face.  You gave this piece of stinking garbage to us; now you EAT it.

But the thing about liberalism is that these weasels always have  a way of making somebody ELSE responsible for the result of their evil programs.  Just as they invariably make somebody ELSE pay for it to begin with.

Record Number Of Americans Renounce Citizenship Of Obama’s God Damn America

April 18, 2012

Who’s bailing out of America?  Is it the piddly-poor people?  You’re not that stupid, I hope.  No, it’s the RICH people; it’s the people who would have paid their taxes and contributed to the U.S. economy if we just didn’t have a Marxist-in-Chief demagogue who demonized wealth-builders and job creators whose money provides the capital necessary to make America grow.

So liberals are going to dismissively say, “Oh, it’s only 1,800 people.  No big deal.”  Because they are DUMBASSES.  These are 1,800 people we CAN’T afford to lose.  And if Obama gets re-elected, you will see a lot of their rich friends giving up on Obama’s God damn America and doing the same thing.

Taxes Prompt More Americans to Renounce Citizenship
Published: Monday, 16 Apr 2012 | 3:21 PM ET
By: Reuters

A year ago, in Action Comics, Superman declared plans to renounce his U.S. citizenship.

“‘Truth, justice, and the American way’ — it’s not enough anymore,” the comic book superhero said, after both the Iranian and American governments criticized him for joining a peaceful anti-government protest in Tehran.

Last year, almost 1,800 people followed Superman’s lead, renouncing their U.S. citizenship or handing in their Green Cards. That’s a record number since the Internal Revenue Service began publishing a list of those who renounced in 1998. It’s also almost eight times more than the number of citizens who renounced in 2008, and more than the total for 2007, 2008 and 2009 combined.

But not everyone’s motivations are as lofty as Superman’s. Many say they parted ways with America for tax reasons.

The United States is one of the only countries to tax its citizens on income earned while they’re living abroad. And just as Americans stateside must file tax returns each April — this year, the deadline is Tuesday — an estimated 6.3 million U.S. citizens living abroad brace for what they describe as an even tougher process of reporting their income and foreign accounts to the IRS. For them, the deadline is June.

The National Taxpayer Advocate’s Office, part of the IRS, released a report in December that details the difficulties of filing taxes from overseas. It cites heavy paperwork, a lack of online filing options and a dearth of local and foreign-language resources.

For those wishing to legally escape the filing requirements, the only way is to formally renounce their U.S. citizenship. Last year, IRS records show that at least 1,788 people did, and that’s likely an underestimate. The IRS publishes in the Federal Register the names of those who give up their citizenship, and some who renounced say they haven’t seen their name on the list yet.

The State Department said records it keeps differ from those published by the IRS. They indicate that renunciations have remained steady, at about 1,100 each year, said an official.

The decision by the IRS to publish the names is referred to by lawyers as “name and shame.” That’s because those who renounce are seen as willing to give up their citizenship primarily for financial reasons.

[...]

The People’s Communist Republic of California just discovered – omigod who ever would have guessed – that their revenues are falling FAR short of what the commissars predicted.  And why?  A big reason is because there is an exodus to get the damn hell OUT of a liberal hellhole.  See also here for the type of weasel that California has for its governor.

And the same is true of Obama’s regime.  And eight times more Americans bailed out of Obama’s God Damn America than in 2008.

You’ve got a tiny group of people paying an overwhelmingly huge percentage of federal income taxes even as the president of their country DAILY demonizes them and demands they “pay their fair share.”  There’s nothing “fair” about that; it is nothing more than a wicked man from a wicked political party constantly demagoguing a group of people hoping to ignite the rage of a bigger group of people.

Which is to say that the “name and shame” ought to be directed at Barack Obama and his evil policies.

Now give YOURSELVES jobs, poor people.  Hire and pay yourself.  Either that or suck off the dwindling number of taxpayers like a parasite.  Because those are your only two choices after Barack Obama has undermined the U.S. economy.

Health Care: Democrats Upset That Republicans Would Hold Them Responsible For Their False Promises On Taxes

October 3, 2009

Not raising taxes on the middle class was one of Obama’s signature pledges.  In fact, let’s go back and review it:

“I can make a firm pledge,” he said in Dover, N.H., on Sept. 12. “Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes.”

And Obama repeatedly claimed to the cheering crowds that if he was elected their taxes wouldn’t go up a single dime.

In point of fact, during the presidential campaign, Barack Obama repeatedly attacked Hillary Clinton for supporting the same sort of mandates he wants to impose on the American people now.  He even ran a huge ad campaign demonizing her for doing the very thing he is now doing.

Remember George H.W. Bush’s now famous pledge, “Read my lips, no new taxes?“  Congressional Democrats who controlled the House and Senate forced Bush the elder to raise taxes – and then demagogued him for having raised them.  In the case of Barack Obama, no rival party is manipulating him; he’s breaking his promises all on his own.

Senate Republicans pointed out yesterday that Democrat health plans would make Obama’s promise to the American people a cynically deceptive and incredibly manipulative lie:

John ensign (R-NV), Senate Finance Committee:  “[Obama] said, ‘But let me be perfectly clear: if your family earns less than $250,000 a year, you will not see your taxes increase a single dime.’”

Mike Crapo (R-ID), Senate Finance Committee:  “If we can’t do health care reform without taxing people in the middle class – and the lower income categories – then we’ve got the wrong plan in front of us.

Republicans pointed to several tax provisions – one clearly labeled an ‘excise tax’ in Sen. Baucus’ plan – would fine a family as much as $1,900 if it didn’t buy health insurance.  And if one failed to pay the tax, the IRS would take more even more drastic action:

Sen. Ensign:  “We heard that the other day.  The effect is, up to a $25,000 fine and one year in jail.”

One blogger backs up the tax increases in the Democrats’ plan by citing their own bill:

All the Democrat bills include tax penalties, administered through the Internal Revenue Service, for individuals and families who do not purchase “government-approved” coverage. Page 29 of the Baucus bill would subject families with incomes higher than three times poverty to an “excise tax” of up to $3,800 per year. Likewise, page 167 of the introduced version of House Democrats’ government takeover of care (H.R. 3200) includes the following language:“There is hereby imposed a tax” on individuals who do not purchase “government-approved” insurance-and neither the House nor the Senate bills exempt those with incomes under $250,000 from the penalties. How is what the legislation plainly calls a new tax on all Americans not purchasing “government-approved” insurance not a tax increase on the middle class?

So Republicans, serving as the guardians of the president’s pledge on taxes (and who ELSE is serving as guardians of the presidents’ pledges on anything?), offered amendments to exempt most taxpayers.

Sen. Crapo:  “It will remove all taxes,fees, and penalties from the bill that apply to families earning less than $250,000 per year.”

The Democrats have chosen to embark upon an incredibly deceitful and false assertion that what is clearly a tax someone isn’t a tax.  Give it up; it’s a TAX (see this also).  And in fact it is a tax with penalties imposed by the iron-gloved hand of your ever-friendly and compassionate Internal Revenue Service.  BECAUSE IT’S A DAMN TAX.

And in point of fact both taxes that the Senate Finance Committee is debating would fall heavily on those who make less than that magical $250,000 a year. According to the nonpartisan Congressional Budget Office, for instance, 71% of those families facing the tax for refusing to buy health insurance make less than $110,000 a year. The change in deductibility would hit most heavily at even lower incomes.

Democrats didn’t dispute the impact of the taxes, but rather – and amazingly – simply accused Republicans of simply making political points:

Sen Max Baucus (D-MT), Chairman, Senate Finance Committee:  “Basically what you’re saying is you want to, you want to gut the president’s program.  More than that, you want to gut health reform.”

It’s an interesting – and yet all too typical – tactic from the Democrats.  They’re liars.  They have broken their word to the American people.  They got themselves elected by making one false promise on top of another.  But Republicans are the ones to blame, because Democrats have put on their “Carnac the Magnificent” hats and read the hearts and minds of Republicans’ motives in exposing the Democrats’ lies.

The fact is, the Democrat’s reform efforts depend on getting more healthier young people, for instance, to buy insurance and spread the risk.  And Sen. Baucus didn’t apologize for forcing them to do so:

“If we’re serious about making sure that Americans have health insurance, we have to have shared responsibility.  We all have to participate.”

And outside the committee, Democrat Sen. Ron Wyden (D-OR) suggested there is very likely no way around higher taxes:

“I’m prepared to go to my constituents and tell them there are tough choices to be made.”

Maybe Ron Wyden is prepared to force millions of people to pay high taxes that Barack Obama promised them that they would never have to pay, but what about the people who are going to now have to pay those taxes?

This is a question of lack of honesty, or lack of competence: were Democrats so clearly incompetent that they truly didn’t know that they wouldn’t be able to cover 45 million more people for less money?  Did they truly believe that their promises not to raise taxes on the middle class could even possibly be fulfilled given their massive government spending?

But that’s okay.  Because they’re going to make you pay for their broken promises.

The amendments to halt any tax increase failed by only one vote – with, of course, only Democrats voting against it.  Their vote is a cynical admission that the Democrats are dishonest thieves who will lie to your face about being on your side even as they prepare to rob you blind.  Just the two provisions debated yesterday would raise taxes by over $35 billion over ten years.  And yes, people making under $250,000 would be forced to pay higher taxes – in spite of President Obama’s word to the American people.

If you thought Republicans were bad, Democrats are proving that they are the worst kind of dishonest, arrogant, and cynical hypocrites imaginable.  The Party that self-righteously proclaimed its “transparency” have voted against amendments that required them to read the bills they pass – and even mocked bothering to read such bills, and then said there’s no point to bothering to read the bills they vote on.  If it’s bad enough that Democrats won’t bother to read their own damn bills, they now refuse to allow YOU a chance to read them either, essentially claiming that you are too stupid to understand them.  Moreover, Democrats have ave voted against even bothering to require that bills even be written before they are voted upon.

It’s long past  (and I mean two years of false campaign promises in addition to the last nine months past) holding Democrats accountable to their past promises and demanding that they live up to their rhetoric.  And if they can’t pass their legislation without breaking their campaign promises, then they are offering false and depraved legislation that should never be allowed to pass.

Ready To Go To Jail For Not Buying ‘Free’ Government Health Care?

September 27, 2009

Liberals have oft exalted communist Cuba’s “free” health care system.  Isn’t it wonderful?  Why can’t we do that?

Of course, for one thing, the “free” system in Cuba isn’t nearly so wonderful as “Sicko” Michael Moore made it in his propaganda film.  Frankly, I wouldn’t take my dog to a Cuban hospital.

It isn’t just Michael Moore; CNN depicted the Cuban system as a model for America, too.

Most Americans would only go to Cuba at the point of a gun.  But Obama is trying to bring Cuba to us.

The sad reality – as the “public option” makes its way back into the Democrats’ plans – is that the system that they are so determined to impose is neither “free” nor anything other than a giant step down from the system we have.

When you factor out deaths by accidents and homicide – which say nothing about the quality of a health care system – the U.S. system is the best in the world measured by life expectancy.  One teenage gang-banger blown away in a drive-by shooting does serious damage to mortality-rate tables.  It would be nice if the mainstream media actually quit serving as Michael Moore-like propagandists and started telling their viewers and readers that fact.

You’ll be getting a whole lot less.  But don’t think you won’t be paying a whole lot more for the privilege of getting a whole lot less.

And you may even be going to jail for the “privilege” of ObamaCare.

The Provocateur explains how the mushrooming lies surrounding the Democrats’ health care plans will actually end up in jail time for many Americans:

Anyone that’s still not convinced that the Baucus bill is rotten should be convinced after they read this latest discovery.

Under the health care bill being considered in the Senate Finance Committee, Americans who fail to pay a penalty for not buying insurance could be charged up to $25,000 by the Internal Revenue Service or face up to a year in jail, according to congressional analysts.

To understand how this can happen you need to follow the wonky nature of the bill and our tax code. It’s important because the so called logic reveals just how perverted not only the Baucus bill is but the Democrats’ philosophy on health care.

Under the Baucus bill, health insurance is no longer optional. It’s not even a right but rather a mandate. In other words, if you’re living, you have to heave health insurance. If you don’t have health insurance, the government penalizes you. The penalty has been changed once and currently that’s as much as $1900. This penalty will be assessed by the IRS.

This is no small point because the president argued that this penalty is NOT a tax. That’s important because the President ad nauseum promised not to raise taxes on anyone that earns less than $200,000 yearly. Of course, if this penalty were considered a tax, then this would break his promise. Of course, if the IRS is the one imposing the fee/penalty, it’s hard to see this penalty as anything but a tax.

Now, let’s follow the logic. Health insurance is now a mandate. If you don’t pay it, you pay a penalty. If you don’t pay the penalty, you are now evading your taxes. Tax evasion is a crime, just ask Al Capone. So, all those that refuse or can’t pay for their health insurance and refuse or can’t pay the fine for refusing are now considered the same kind of criminal as Al Capone once was. Such is the logic of President Obama and the Democrats.

Let me return to Cuba–and all the other communist totalitarian dictatorships along with it.  Do you seriously believe that the millions of human beings who have been oppressed and dehumanized under these systems knew what they were going to receive?  Do you believe that the supporters of Marxism told the truth, and explained to the people what the system was going to yield?

They were fed lies, and when they believed those lies, they fell prey to an oppressive yoke that they could not throw off.

And lies abound about this takeover of 1/6th of the American economy:

Last Sunday, Barack Obama proved that he is a liar by refusing to call what is clearly a tax a tax.  And Obama’s own hometown newspaper proves the obvious.

Last Tuesday, the Democrat-approved Congressional Budget Office laid out Obama’s lie that Medicare would not be cut:

Congress’ chief budget officer on Tuesday contradicted President Barack Obama’s oft-stated claim that seniors wouldn’t see their Medicare benefits cut under a health care overhaul.

Last Thursday, Republicans exposed the Democrats in their lie that Americans could keep their health care if they were satisfied with it.

And the real catastrophic fruits of those lies – such as actual jail time under IRS tax evasion statutes unless you pay something that we’re assured all the while isn’t a tax at all.

Charles Rangel Too Dumb, Or Too Corrupt, To Follow Own Tax Laws?

September 11, 2008

I suppose we’ve finally got the properly sarcastic retort to the now very tired Democratic charge that John McCain doesn’t know how many houses he owns:  “John McCain doesn’t actually own ANY houses,  thank you; and at least his wife, who does own them, pays taxes on them.  And she’s not even the Chairman of the House Ways and Means Committee.”

What do you say to a Democratic Party who gives Republicans moral lecture after moral lecture that a good government is a government that heavily taxes its rich citizens – and that the rich “have a duty to pay their fair share” – whose own House Ways and Means Committee Chairman in charge of tax laws doesn’t bother to follow his own laws or pay his own fair share? (more…)


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